RSS

There’s no doubt that an effectively “staged” home is likely to sell faster and for a better price. Studies in real estate sales consistently prove it. However, you might be asking, “Is it better to do the staging myself? Do I need to hire a professional?”

Let’s look at the pros and cons.

If your home is already in demand and likely to get multiple offers, you might get away with doing the staging work on your own. In that case, it’s still advisable to get professional advice rather than “guess” your way through the process. There may be specific staging approaches that apply to your home, that only a professional would know to recommend.

There are, of course, some downsides to doing it yourself, such as the extra work involved, as well as the fact that you may not have the experience or materials (such as staging furniture) to do a professional job.

By contrast, when you hire a professional, or at least get professional advice, you take advantage of the latest staging best practices to make your home more attractive and desirable to buyers. That is especially important in a balanced or a buyer’s market.

So, when it comes to staging, remember that homes that show better tend to get more and better offers.

Read

“The early-bird gets the worm” is a popular expression. Indeed, there are many examples in life when being early, or even first in line, gives you an advantage.

Real estate is one of them.

When shopping for a new home, being among the first to learn about a new listing benefits you in several ways:

• You have more time to see the property and make a decision.
• You might be able to make an early offer.
• You’re under less pressure to make a decision quickly.

Overall, by finding out about a new listing early, you improve your chances of getting the property.

How do you get the early-bird advantage?

If you scour the internet for new listings, you can still miss opportunities. For example, “Coming soon” listings may not yet be published on the MLS. A better strategy is to arrange to be alerted to new listings and coming-soon opportunities the moment they come up. That way, you’re always the early-bird and your likelihood of finding and buying your next dream home increases.


Read


Congratulations to my newest VIP Esam & Shatha on your #SRSSOLD!!!!

It was just a simple interaction when you visited a neighbourhood garage sale hosted by one of my recent VIPs, Tiffany, whose lawn was freshly displaying her recent SRSSOLD sign, spoke highly of me and recommended my services to you when you stated your interest in possibly selling.  With confidence you reached out for market information and a seller consultation was booked. Upon deciding to sell, your house was listed with quick buyer interest and many offers came forth…..however….in real estate, offers don’t always work out, time is never your friend and selling strategies must be adapting.  Armed with over 20 years’ experience, insight & knowledge, I knew exactly what to do to steer the selling course to provide the 99% #SRSSOLD outcome you awaited and deserved.  #RENE

Thanks so much for your trust, commitment and faith in my process and advice; in real estate when things don’t go as planned it can be difficult to process, overcome and move forward correctly.  It’s been a pleasure getting to know you and work with you in your first Canadian home selling experience and provide an exceed expectation of service and value to you.  

As your Seller Representative Specialist Realtor®, I am always happy to help should you or anyone you know need any assistance in the future.  Many blessing to you & your family as you move forward onto your next life chapter.

Read

Saskatchewan reported 1,295 sales across the province in September, a year-over-year gain of 2.5 per cent and 6.3 per cent above long-term, 10-year averages. While year-to-date sales have eased compared to last year, Saskatchewan continues to report sales well above long-term trends.

Supply challenges continued across the province in September, as inventory levels were over 12 per cent lower than levels seen last year and nearly 32 per cent below the 10-year average. As inventories improved in higher-priced properties, much of the inventory decline is once again being driven by homes priced below $400,000, as the more affordable segment of the market remains highly competitive.

“As seen in previous months, significant supply challenges continue to persist across Saskatchewan, specifically in the more affordable segment of our housing continuum,” noted Association CEO, Chris Guérette. “Inventory challenges and higher lending rates are, without question, impacting sales activity across the province, but relative affordability paired with strong economic growth is supporting above-average sales in our market.”

Strong September sales and ongoing supply challenges translated to 4.8 months of supply across the province, the lowest level reported in September since 2009. The provincial benchmark price reached $328,000 in September, up slightly from $327,800 in August and 1.1 per cent above September 2022.

“Provincial prices remain stable as price gains in Saskatoon, Prince Albert, and Yorkton offset price declines in Regina and Swift Current in September,” said Guérette. “Ultimately, real estate is local, and conditions vary across the province. That said, supply challenges in the lower-priced, more affordable segment of our market remain a significant concern provincially.”

###

Regional Highlights
Apart from the Northern Region, every region across the province reported year-to-date pullbacks in sales and new listings. Despite the year-to-date decline, sales levels remain above long-term, 10-year trends across most regions, while the Swift Current Region returned to sales levels consistent with the 10-year average.

Price Trends
Consistent with prior months, the benchmark price varied across Saskatchewan communities in September. Humboldt, Meadow Lake, Melfort, Melville, Prince Albert, and Saskatoon are all reporting year-over-year price gains, while Estevan, Moose Jaw, North Battleford, Regina, Swift Current, Weyburn, and Yorkton report year-over-year price declines.

On a year-to-date basis, Regina, Moose Jaw, Swift Current, North Battleford, and Meadow Lake have all reported price declines, ranging from a high of six per cent in North Battleford to under three per cent in Swift Current. Meanwhile, Melville and Humboldt reported year-to-date price gains of nearly five per cent.

City of Regina

The City of Regina reported 305 sales in September, a year-over-year increase of 7.4 per cent and 15 per cent above long-term, 10-year trends.

 

Strong September sales were met with a decline in new listings, contributing to further inventory declines. With 3.2 months of supply, conditions have not been this tight in the Queen City since 2011.

Despite strong monthly sales and tight market conditions, the City of Regina reported a benchmark price of $308,700 in September, down from $313,100 in August and $319,200 in July.

City of Saskatoon

The City of Saskatoon reported 374 sales in September, a year-over-year increase of 14 per cent and nearly 8 per cent above long-term, 10-year trends.

 

Saskatoon is reporting year-over-year sales increases for the fifth consecutive month. When paired with decreasing new listings, the Bridge City is reporting 2.6 months of supply, the lowest level seen in September since 2007.


Read
Categories:   Avalon, Saskatoon Area 02 Real Estate | Brevoort Park, Saskatoon Real Estate | Caswell Hill, Saskatoon Area 04 Real Estate | Caswell Hill, Saskatoon Real Estate | Confederation Park, Saskatoon Area 05 Real Estate | Confederation Park, Saskatoon Real Estate | Corman Park, Saskatoon NW Real Estate | Cudworth, Saskatoon NE Real Estate | Delisle, Saskatoon SW Real Estate | Dundonald, Saskatoon Area 05 Real Estate | East College Park, Saskatoon Area 01 Real Estate | Eastview, Saskatoon Area 02 Real Estate | Evergreen, Saskatoon Real Estate | Exhibition, Saskatoon Area 02 Real Estate | Fairhaven, Saskatoon Real Estate | Forest Grove, Saskatoon Area 01 Real Estate | Lakeview SA, Saskatoon Real Estate | Lakeview, Saskatoon Area 01 Real Estate | Lawson Heights, Saskatoon Real Estate | Martensville Real Estate | Massey Place, Saskatoon Area 05 Real Estate | Mayfair, Saskatoon Area 04 Real Estate | Meadow Green, Saskatoon Area 04 Real Estate | Montgomery Place, Saskatoon Area 05 Real Estate | Mount Royal SA, Saskatoon Real Estate | Mount Royal, Saskatoon Area 04 Real Estate | North Park, Saskatoon Area 03 Real Estate | North Park, Saskatoon Real Estate | Nutana S.C., Saskatoon Area 02 Real Estate | Nutana, Saskatoon Area 02 Real Estate | Nutana, Saskatoon Real Estate | Osler Real Estate | Pacific Heights, Saskatoon Area 05 Real Estate | Parkridge, Saskatoon Area 05 Real Estate | Pleasant Hill, Saskatoon Area 04 Real Estate | Prud'homme Real Estate | Prud'Homme, Saskatoon NE Real Estate | Riversdale, Saskatoon Real Estate | Sarilia Country Estates Real Estate | Saskatoon Real Estate | Silverspring, Saskatoon Area 01 Real Estate | Silverwood Heights, Saskatoon Area 03 Real Estate | Stonebridge, Saskatoon Area 02 Real Estate | Stonebridge, Saskatoon Real Estate | Warman Real Estate | Warman, Saskatoon NW Real Estate | West College Park, Saskatoon Area 01 Real Estate | West College Park, Saskatoon Real Estate | Westview Heights, Saskatoon Area 05 Real Estate
The Saskatchewan REALTORS® Association (SRA) IDX Reciprocity listings are displayed in accordance with SRA's MLS® Data Access Agreement and are copyright of the Saskatchewan REALTORS® Association (SRA).
The above information is from sources deemed reliable but should not be relied upon without independent verification. The information presented here is for general interest only, no guarantees apply.
Trademarks are owned and controlled by the Canadian Real Estate Association (CREA). Used under license.
MLS® System data of the Saskatchewan REALTORS® Association (SRA) displayed on this site is refreshed every 2 hours.